Here at Home Economic History Repeats Itself Please respondto the following:The Industrial Age gave rise to unprecedented disparities in wealthand living conditions in cities. Government did notprovideassistance to the needy; there were no safety laws infactories; and more children worked inAmerican factoriesthan in any other country.American industrial workershoweverearned the highest industrial wage in theworld. In America today the spread between haves andhave-nots is again on the rise with the decline of the middleclass and loss of high-paying manufacturing jobs.